Finance (Financials)

We have a user that is updating Cost set 2 monthly and would like to be able to see a break of Material, Labor and OH for Cost Set 2.  The inventory value report is reporting on CS1 only, and the Inventory Simulation only shows the rolled up costs for manufactured parts.Is there any other reports we could use to get CS2 inventory value that breaks out Material, Labor and OH?  We would really like to be able to run the Inventory value report using the different Cost sets. We are running APPS 9.Rob  

We have a user that is complaining of long load time for the invoice preview in the Instant Authorization screen. We have updated her PDF reader, we have also cleared her local .dll cache to see if it would help - it did not. We don’t have other users reporting, I’m wondering if there is another local file cache that could be filling up (perhaps where the temp documents are stored?)?Any help or feedback is greatly appreciated!

Does anyone have tips for Month end recs?  I’v tried to look at the account matching but can’t understand it. Is there a way of matching GL accounts over different entities?

When customer partial rollback is performed, a parked payment is created for the company, but not for the customer.In my opinion this is to accommodate handling of different rollback scenarios. Do you have a different opinion on this?Thanks

Dear all. One of our customers wants to grant acces to users so they can schedule the GL update voucherAt this moment the schedule button is greyed out. The user have permission to schedule tasks but this button is greyed-out. Where can you adjust this?

In April 2021 titles on UK VAT Return boxes have been changed, for disclosure post Brexit, and Phase 2 of Making Tax Digital commenced.Is there an updated Tax Template from IFS?  We are currently on template S089 for the UK VAT Return.

I have a query regarding withholding tax voucher cancellation. For me, B voucher is created automatically for withholding tax once the customer invoice is posted. But I want to cancel this voucher as it contains some error in amount field.But, I am not getting any option for reversing the entries. Note: The Voucher created is in Approved State. It is not updated to GL.Need a solution asap.

Dear All, We are using IFS8, and I am looking for an external customer invoice upload file template on excel, anyone can help please? Thanks and Regards,Claudia

Good Morning,  We are on APPS 10 and tied in with Vertex to manage our tax requirements.  We have noticed that when a RMA is completed with a freight line, the freight line is not transmitting to Vertex.  All other lines are with no issue and tax is calculating correctly.   This is not an issue on the CO side, just when a RMA is genereated. Has anyone had this happen to them as well?  is it a bug or potentially a setting in Vertex we missed? Any help is appreciated.

Is there a way to change the Total Contribution Margin/Base calculation shown on Customer Orders? Right now it’s taking total net amount minus total cost. Is there a way to change it so it only subtracts fixed cost?Customer Order 

Hi, I’m wanting to create a depreciation plan. When I try to click on the Simulate postings in Batch button this error appears  - Field [USER_GROUP] is mandatory for User Group Finance and requires a value.Would appreciate you can assist me with fixing this. Thanks.Best,Siem

Is there any way we can track changes users might have done in Invoice Posting Authorizers window?

Hi Team,When creating a Manual Supplier Invoice with the manually added Non-Deductible Tax Amount creates database records in the invoice_tab, invoice_item_tab, source_tax_item_tab with the calculated non_deduct_tax_dom_amount. The calculated non_deduct_tax_dom_amount value calculating using  non_deduct_tax_curr_amount (Non-Deductible Tax Amount) . And for the given tax code both values should equal. There is an unbalanced Posting Proposal connected to manual supplier invoice with different values for non_deduct_tax_curr_amount and non_deduct_tax_dom_amount in all three database tables. And the saved non_deduct_tax_dom_amount value for that invoice equal to total_tax_dom_amount.Any guidance would be appreciated.

Is the only way to get supplier age analysis through the 3 stage process (supplier ledger age analysis/report archive/quick report) or is there a quicker way to retrieve this? Also, is there a way of including invoices that are authorised for posted and still prelim posted?

Hi Team,When it comes to Audit Interface assistance, Customer wish to use an Audit Source to capture Internal Ledger (IL) Accounting Balances of the business.Unfortunately, i could not find such an Audit source to cater customer's requirement. Is there any way we could fulfill this ?

Hi,We recently took the update to IFS10. I’ve got a customer with a payment term which is prompt for a payment discount. The value doesn’t seem to get calculated with the tax amount. I’ve given it an attempt creating many invoices yet the VAT element doesn’t get included in the amount. This feature used work correctly in IFS8. Any insights to this is appreciated.TIA

Our process at moment for supplier invoices with no PO is to try and collate them and send them out to whoever we this is responsible Does anyone have a better approach, maybe one where we can assign the the invoice to a colleague and they will see via a report or lobby element?

Looking at reporting our debtors days, is there any reports etc that would be able to show/details this for us?

Asked this on another post but I don’t think I worded it correctly  Looking for a report to calculate and display how many days it takes customers to pay Not a forecast of what we have upcoming, but something I can use to report on the past 3 months

I would like to be able to print 1099s for 2021 out of IFS. I’m testing everything to make sure it works properly. When I try to run the Automatic Tax Proposal I’m not able to do more than 2 months at a time. Has anyone had a similar problem? It freezes and aborts after 30 minutes. 

Hello, We are having an issue with the tax calculation on an RMA not returning as expected. (Example below for specifics.)Our question is, Why is the tax calculating the total tax amount for quantity 2 from the order on each line of the RMA? Has anyone else run across this? Example:Customer OrderQuantity: 2 Total Net Amount: 1485.12 (742.56 ea) Total Tax amount: 137.37 RMALine 1 Price: 742.56 Tax: 137.37 Line 2 Price: 742.56 Tax: 137.37

When you have a customer order that is invoiced you get an entry M30 that also shows the quantity that was on the customer order.  This entry is a negative amount for the M30 posting. Is it possible to configure the quantity to display as a negative as well to match the sign of the $ amount?  for example: 

A supplier invoice preliminary booked in April, with cost from 1st January to 30th June, I want to do a period allocation for these 6 months, but January and February are closed. Is it not possible to get a correct allocation with a cost of three months booked in March and then one sixth in April, May and June? I get this error message, One or more Period(s) in the interval are closed. I don’t want to change, From Date, cause if I do change to 1st March, I don't get correct distribute, then I have to change percentage or amount manuall.

How to conciliate a Supplier Payment in EUR, with a Supplier Invoice in GBP?  There is a Manual invoice in GBP, and the payment in advanced was perfomed in EUR. There is a small difference in Exchange rate.Which are the alternative for the offset in this cases?

Hi,It is required to match many no of invoices against one supplier check. However it is allowed to match only 14 maximum. Is there any way to increase this. Refer below screen preview for basic data setup.  Best RegardsNarmada